Just Launched:  Our new SPG Wholesale Division is here. Discover the story

Life Policy Review

There’s policy review… and then there’s policy review with RDU.

RDU reduces premiums by 34% on average.

Advisor Toolbox

Check out our most used information, forms, and checklists. Our policy review team is always available for additional questions and guidance. Contact us at any time.

Why Policy Reviews Matter

Case Study

Overview

Male, aged 40, wants to maximize death benefit with lifetime guarantees.

Current Policy – Whole Life

  • Death Benefit: $4.5M
  • Premium: $47,051 – full pay

Strategy

Assess and identify products to meet the client’s desire to increase the death benefit with a guarantee for life.

Best option: exchange the value of the policy into a variable universal life policy.

Result

  • Premium remains the same.
  • Added $4M to death benefit to $9.5M guaranteed.
  • Premiums invested so growth can increase death benefit to potential $17.5M at age 90.
Before After
Existing policy Option 1 Option 2
Product Participating Whole Life Prudential VUL Protector Prudential VUL Protector
Surrender Value / 1035 Exchange $432,000 $432,000 $432,000
Premium $47,051 full pay premium $47,051 premiums to age 65 $47,051 full pay premium
Death Benefit $4,569,332 $8,677,488guaranteed for life $9,591,321*guaranteed for life

*Based on hypothetical Annual Gross Return of 7.00%, the net DB at age 80 is $10,232,776 and at age 90 is $17,467,080